If you do not know what to look for, you will get scammed and some people will not pay you back.  

He's the type of tenant we would all love to have, very nice guy, very respectful of the property, no scam.

My training is def not a scam.

So if I get a request for payment before I get the Loan then I know its a scam.

That's the net price of $36,500 less the $5,000 that goes to you and the $15,000 that goes to the seller.To be honest, though, this has the hallmarks of a scam.

I figured out my own answer, and put it in the other forum here.anyway, basically a scam, but you don't have much choice but to play ball.Very ridiculous, and they squeeze a decent amount of money out of you, but that's how the game is played at my commercial bank.

So many people out there just wanting to make a quick buck and scam others out of their hard earned money.

That sounds weird, but seems like the scams, re-posts, top-posts, took over.

using bad comps- comparing HOA to non-HOA- comparing 1950's house to 1990's house- making major value per square footage adjustmentsnot accounting for or underestimating "junk fees" you pay:- property tax- 4 sets of utilities every month- insurance- usually buyer's closing costs- home warranty (what a scam)- hard money lender junk fees.. they usually charge over 1k plus the points they quote- cleaning ladyover fixing or under fixing a house- every market is different, but we don't do any landscaping - it doesn't pay in my market- we usually put a/c in, as that does pay- etc etc- the house doesn't need to meet your standards to live, it just needs to be better then the competitiontrusting an un-educated agent to list it- you don't want to chase the market down- have the agent attempt to "double-end" the sale - be too picky- be not picky enough- mismanage the sale escrows (a bad agent can let an FHA loan take 90 days.

It was a very elaborate scam (they had re-routed calls, mail and email etc.)